Hulk Hogan sues insurer over son accident

The wrestler and reality star claims that the company did not inform him of appropriate coverage, leaving Hogan under-insured after his son was involved in an accident that left a man seriously injured, reports E!.

Wells Fargo only paid $250,000 (£162,755) of an undisclosed settlement with Graziano. According to court documents, Hogan said that he had to reach into his own pocket to pay for the rest of the settlement because the firm failed to properly cover him.

"They dropped the ball," Hogan's attorney Will Florin said.

"He had a primary insurance policy for $250,000, but it ended there. Anything over that, you need an umbrella policy. It's one policy that acts as an umbrella to cover anything and everything if somebody sues you."

He added: "They were aware that he had teenage drivers in the household and that he didn't have an umbrella policy."

Hogan, who had earned more than $30m (£19.5m) at the time of the accident, is suing for an undisclosed amount.

Nick served five months in a Florida jail after pleading no contest to felony reckless driving. He is currently serving out a five-year probation.